IQM, Europe’s first public quantum company, admits the future of the tech is uncertain

IQM, a full-stack quantum company out of Finland, went public on the Nasdaq today at a valuation of about $1.9 billion.

IQM becomes first European quantum computing company to list on a major US exchange

IQM Quantum Computers today became the first European quantum computing company listed on a major US stock exchange. Based on the transaction proceeds, IQM (Nasdaq: IQMX) maintains a strong pro forma …

OQC, JPMorgan Chase and AMD launch Quantum-AI data centre to explore real-world fintech applications

OQC, JPMorgan Chase, and AMD today announced a research collaboration leveraging a new, dedicated Quantum-AI Data Centre built by OQC in London. JPMorganChase researchers will test near-term quantum…

Oxford Quantum Circuits lands “coming-of-age” £260M funding round

The boss of an Oxford University quantum computing spinout today declared its £260m funding round as a “coming-of-age” moment, indicating that British companies can play a leading role in the field.Ox…

Quobly raises €115M Series A to commercialise silicon quantum computing

Quobly, a French quantum computingcompany developing silicon-based quantum computers, has raised €115 million ina Series A financing round to accelerate the industrialisation of itstechnology and supp…

Microsoft announces Majorana 2 quantum computing chip — claims a practical machine will come in 2029

Microsoft’s Majorana 2 quantum computing chip switches to lead-based materials. Microsoft is accelerating its roadmap and expects a practical machine in 2029.

IBM spins off America’s first quantum chip foundry with $2 billion in federal and private funding — newly-minted ‘Anderon’ foundry to offer 300mm quantum wafer fab and manufacturing services

Headquartered in Albany, New York, Anderon will operate a 300mm quantum wafer fab and offer its manufacturing services to competing quantum hardware vendors.

Quanscient lands €10M to advance AI- and quantum-native hardware engineering

Quanscient, a Finnish company focusedon cloud-based multiphysics simulation technology and quantum algorithms, hasraised €10 million in a Series A funding round to support its internationalexpansion a…

Alice & Bob expands Series B with investment from NVIDIA’s venture arm

French fault-tolerant quantum computing company Alice & Bob has raised investment from NVentures, NVIDIA’s venture capital arm, that expands its €100 million Series B round. The investment suppo…

Algorithmiq moves global HQ to Milan and raises €18M in Italy’s largest quantum VC round

Quantum software company Algorithmiq has established Milan as its global headquarters, signalling its confidence and commitment to Italy and Europe as the future hub for leadership in the industrialis…